July 2014

Update: Increase in ASIC fees with 2014-15 financial year

With the start of the new financial year, you should be aware that ASIC has increased the majority of its standard fees that will have application from 1 July 2014.

While a complete summary of the revised ASIC Fees can be found on the ASIC website, we have summarised the changes to the most common ASIC fees below:

Choosing a company name

Item Use from: From 1 July 2013: From 1 July 2014:
Reserve a company name 410 $44 $45
Extend a reservation of a company name 410 $44 $45

 
Registering your company, registrable Australian body or scheme

Item Use from: From 1 July 2013: From 1 July 2014:
A Proprietary company 201 $444 $457
A public company whether listed or unlisted (including companies limited by guarantee) 201 $366 $377
A managed investment scheme 5100 $2225 $2290

 
Late lodgement fee

Item From 1 July 2013: From 1 July 2014:
If the document is lodged with ASIC within 1 month after the prescribed time $72 $74
If document is lodged with ASIC more than 1 month after the prescribed time $299 $308

 
Annual review fees

Item From 1 July 2013: From 1 July 2014:
A public company (except a special purpose company or a small transferring financial institution) $1113 $1146
A proprietary company (except a special purpose company) $236 $243
A special purpose company $44 $45
A registered scheme $1113 $1146

 
Upfront annual review fees

Item From 1 July 2013: From 1 July 2014:
A public company (except a special purpose company or a small transferring financial institution) $8524 $8774
A proprietary company (except a special purpose company) $1771 $1823
A special purpose company $332 $342
A registered scheme $8524 $8774


Changing the set up of your company

Item Use from: From 1 July 2013: From 1 July 2014:
Change the company name
Notify a members’ resolution to change the company name
205 $366 $377
Change the company type
Notify of members’ resolution to change the company type (e.g. from Public to Pty)
205 $72 $74

 
Fundraising/disclosure

Item Use from: From 1 July 2013: From 1 July 2014:
Lodge a prospectus 764B or 764C $2225 $2290
Lodge an offer information statement 764E $2225 $2290
Lodge a profile statement 764F $2225 $2290
Lodge a product disclosure statement 764K $2225 $2290

 
Business names

Item From 1 July 2013: From 1 July 2014:
A new application for registration of a business name to an entity for 1 year $33 $34
A new application for registration of a business name to an entity for 3 years $76 $78

 

If you have any questions in relation to the ASIC fee changes, please do not hesitate to contact us.

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